Apr 21, 2020 / 08:00AM GMT
Gianandrea Roberti - Tryg A/S-IR Officer
Good morning, everybody. This is Gianandrea Roberti. I'm Head of Investor Relations at Tryg. We published our Q1 results earlier this morning, and I have here with me Morten Hübbe, Group CEO; and Barbara Plucnar Jensen, Group CFO, to present the figures. Over to you, Morten.
Morten Hübbe - Tryg A/S-Group CEO&Member of Executive Board
Thank you, Gian, and good morning from me as well.
We start on Slide 3 where we reported technical result of DKK 672 million, up some 7% versus first quarter last year, including also DKK 40 million net negative claim from the outbreak of corona. We will get back to this in further detail, but corona has resulted in net travel claims of DKK 115 million for the quarter and DKK 255 million before reinsurance, offset by lower frequencies in different lines of businesses towards the end of March of, in total, DKK 75 million for the quarter.
In general, the business continues to improve
Q1 2020 Tryg A/S Earnings Call Transcript
Feb 15, 2024
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